scholarly journals Risk Management of Construction in Sudan

2021 ◽  
Vol 9 (3) ◽  
pp. 45-51
Author(s):  
M. S.M. Ali ◽  
O. M. Ahmed
Keyword(s):  
Risk Management ◽  
Construction Projects ◽  
Time Cost ◽  
Site Management ◽  
Public And Private ◽  
Factors Affecting ◽  
Telephone Interviews ◽  
Weak Site ◽  
Public And Private Sector ◽  
And Control

This paper aims to study the humanitarian risks in construction projects that affect the objectives of the project from time, cost and quality, and to identify, analyze and develop the appropriate strategy, monitor and control and specifically the risk of factors affecting construction projects. A questionnaire was designed to collect data and identify risks in construction projects and then distributed to several public and private sector companies registered with the Organizing Council for engineering works contractors in Sudan, and after the risks facing the construction projects were identified through the questionnaire and telephone interviews with The engineers and managers of these companies, these risks were analyzed by Google Form. The results of the questionnaire showed that inflation, increased prices of materials in the market, weak site management, delayed payments from the contractor and awarding the design to unqualified designers, that is the most important factors affecting the objectives of construction projects in Sudan, and the contractor is the most vulnerable among the parties to the project.  

Non-performing assets in India: A critical analysis of public and private sector banks

2020 ◽  
Vol 4 (1) ◽  
pp. 65-73
Author(s):  
Vinay Kandpal
Keyword(s):  
Private Sector ◽  
Financial Stability ◽  
Research Work ◽  
Financial Statement ◽  
Monitoring And Control ◽  
Statistical Tool ◽  
Public And Private ◽  
Factors Affecting ◽  
Public And Private Sector ◽  
And Control

The paper identifies and analyzes the causes that affect non performing assets (NPAs), hinder its effective observance, and recommends appropriate measures to ensure their effective monitoring and control. The banks selected for this research work are having higher NPAs and are top banks in their sector. As per the Global Financial Stability Report of International Monetary Fund (IMF, 2009), identifying and dealing with distressed assets, and recapitalizing weak but viable institutions and resolving failed institutions are stated as the two of the three important priorities which directly relate to NPAs. This research work finds the reasons for non-performing loans by considering a set of 50 variables and provides the necessary measures. Statistical tool SPSS was used to run the factor analysis test. Sectoral disparities in the NPA ratio to advances in public and private sector banks were the main source of motivation to analyze and compare factors affecting non-performing assets (NPAs) of public and private sector banks in India. Some of the reasons for NPA are lack of frequent interaction or follow-up with borrowers, manipulation of income or financial statement by borrowers, industrial problem and death of earning member of the family.

Investigation of Cost-Influencing Factors Potentially ‎Controllable by Main Contractors in Construction Projects in ‎Iraq

2020 ◽  
Vol 38 (7A) ◽  
pp. 1069-1076
Author(s):  
Layth T. Ali ◽  
Raid S. Abid Ali ◽  
Zeyad S. M. Khaled
Keyword(s):  
Construction Projects ◽  
Project Managers ◽  
Cost Overrun ◽  
Public And Private ◽  
Importance Index ◽  
Labor Recruitment ◽  
Supply Planning ◽  
Major Factors ◽  
And Control ◽  
The Impact

Cost overrun in construction projects is a common phenomenon in Iraq. This might occur due to diversity of factors. This study aims to identify the factors influencing construction projects cost that are potentially controllable by main contractors. A field study through a questionnaire survey was directed to a sample of related Iraqi professional engineers from general contracting companies at both public and private sectors. Their opinions on the impact and frequency of each factor were investigated. The questionnaire offered (59) factors classified in (8) categories namely; legislations, financial and economic, design, contractual, site management, material, labor and equipment. The factors were ranked according to the highest Relative Importance Index (RII). The study revealed (10) major factors that are potentially controllable by main contractors namely; labor productivity, sub-contractors and suppliers performance, equipment productivity, site organization and distribution of equipment, experience and training of project managers, scheduling and control techniques, planning for materials supply, planning for equipment supply, materials delivery and planning for skilled labor recruitment. Recommendations to aid contractors and owners in early identification of these factors are also included in this study.

scholarly journals A NEW HYBRID FUZZY CYBERNETIC ANALYTIC NETWORK PROCESS MODEL TO IDENTIFY SHARED RISKS IN PPP PROJECTS

2016 ◽  
Vol 20 (4) ◽  
pp. 409-426 ◽  
Author(s):  
Alireza VALIPOUR ◽  
Nordin YAHAYA ◽  
Norhazilan MD NOOR ◽  
Abbas MARDANI ◽  
Jurgita ANTUCHEVIČIENĖ
Keyword(s):  
Risk Management ◽  
Process Model ◽  
Expert Knowledge ◽  
Analytic Network Process ◽  
Risk Allocation ◽  
Public And Private ◽  
Complex Process ◽  
Allocation Criteria ◽  
Network Process ◽  
Public And Private Sector

A proper risk management strategy is essential in property management. For controlling and reducing risks on Public-Private Partnership (PPP) project, risk allocation is a major component of PPP risk management. Identifying appropriate shared risks and optimal risk allocation in a structured way is a complex process. The aim of this study is to develop a quantitative approach for equitable risk allocation with attention to identifying dependencies between risk allocation criteria and barriers. The paper presents an approach in the form of a hybrid Fuzzy method and Cybernetic Analytic Network Process (CANP) model for identifying shared risks. The approach involves the use of Fuzzy sets to convert linguistic principles and experiential expert knowledge into systematic quantitative analysis and the CANP to solve the problem of dependency and feedback between criteria and barriers as well as selection of shared risks. A case study is presented to demonstrate the use of the model in selecting shared risks. The study involves development of 10 criteria and 8 barriers. Finally, of 40 significant risks, 14 risks are successfully allocated between the public and private sector in Iranian PPP projects.

scholarly journals Governance and control of externalized water service management: Comparing solutions adopted in Italy and Sweden.

2011 ◽  
Vol 8 (3) ◽  
pp. 188-195
Author(s):  
Daniela Argento ◽  
Giuseppe Grossi ◽  
Anna Thomasson
Keyword(s):  
Corporate Governance ◽  
Comparative Analysis ◽  
Private Sector ◽  
Service Management ◽  
Water Services ◽  
Public And Private ◽  
Water Service ◽  
Public And Private Sector ◽  
And Control

In this paper the challenges imposed on corporate governance of water services in Italy and Sweden are analyzed and compared. From the comparative analysis we notice that with externalization of services ore stakeholders become involved in the provision of the services. These stakeholders have common as well as divergent interests and the challenges thus become to find an alignment of interest among stakeholders in order to secure a sustainable provision of the services. The comparative analysis indicates that such lignment is especially difficult when stakeholders have heterogenous background (public and private sector).

scholarly journals The Influence of Risk Management on Construction Project Performance: A Case Study.

2018 ◽  
pp. 936-942
Author(s):  
Mazurina Mohd Ali ◽  
Sakinah Zahra Norman ◽  
Erlane K. Ghani ◽  
Noor Hasniza Haron
Keyword(s):  
Risk Management ◽  
Construction Projects ◽  
Management Practices ◽  
Management Practice ◽  
Methodological Approach ◽  
Construction Project ◽  
Project Performance ◽  
Time Cost ◽  
Schedule Delay

Risk Management is recognized as an important exercise that creates value to a project and improves project performance. Time, cost and quality are the primary measures of a project performance in this industry. The success or failure in any construction project can be monitored through the attainment of these primary measures. Notably, Malaysian construction industry is considered as one of the important industries that positively contribute to the increase of Gross Domestic Product and subsequently the growth of the country’s economic development. Unfortunately, this industry suffers poor performance in which it leads to failure in accomplishing effective time, cost and quality performance. Most construction projects face a schedule delay, cost overrun and are poor in product quality. Thus, the aim of this study is to determine the influence of risk management on construction project performance of Malaysian companies based on these three primary measures. The degree of diffusion of risk management practice in the chosen construction project in Malaysia is also examined. The methodological approach exploited in this study is a case study approach involving analysis of documented data and face-to-face interviews with key players that hold different roles and responsibilities. They include a director, project managers, finance managers, contract managers and quantity surveyor managers. The results demonstrate that adopting effective risk management practices positively impacts project performance thus leading to project success. Nevertheless, the lack of knowledge and poor communication of risk management practices in construction projects contribute to the weak implementation of an effective and systematic risk management practices in Malaysia.

Factors leading to design changes in Jordanian construction projects

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Lina Ghazi Gharaibeh ◽  
Sandra T. Matarneh ◽  
Mazen Arafeh ◽  
Ghaleb Sweis
Keyword(s):  
Construction Industry ◽  
Construction Projects ◽  
Control Measures ◽  
Value Engineering ◽  
Public And Private ◽  
Content Type ◽  
Factors Affecting ◽  
Construction Market ◽  
Design Changes ◽  
Major Factors

PurposeThe problem of design changes in the construction industry is common worldwide, and the Jordanian market is no exception. The purpose of this paper is to identify the factors causing design changes in construction projects in Jordan in both the public and private sectors. Furthermore, this research will examine the effect of these factors on project's performance during the construction phase.Design/methodology/approachThis research commences by identifying the factors causing design changes in construction projects worldwide through an intensive literature review. The identified factors were then filtered to those applicable to the Jordanian construction market based on the results obtained from a questionnaire survey and real case construction projects. In total, 252 professionals from the Jordanian construction industry and 10 completed and/or ongoing construction projects in different parts of Jordan were compared.FindingsThe results find that the top major factors affecting design changes are owner's requirements; design errors and omissions and value engineering. The research also studies and documents the impacts of design changes on project cost, schedule and quality.Originality/valueThe results obtained from this research will assist the construction professionals representing owners, consultants and contractors in applying control measures to minimize the occurrence of the identified factors causing design changes and to mitigate their sever impacts on projects in terms of cost, schedule and quality.

Factors Affecting the Outsourcing Activities in Public and Private Sector Banks in India

2021 ◽  
pp. 231971452110531
Author(s):  
Poonam Rautela ◽  
Madhulika P. Sarkar ◽  
Rekha Goel
Keyword(s):  
Private Sector ◽  
Customer Service ◽  
Motivating Factors ◽  
Public And Private ◽  
Factors Affecting ◽  
Public Sector Banks ◽  
Use Of Resources ◽  
Major Factors ◽  
Public And Private Sector ◽  
The Impact

This article aims to identify the major factors which prove as motivation and influence for a bank while deciding what, when, how and whom to outsource. A survey questionnaire was developed and responses were collected from 434 bank employees from two major groups of public sector banks and private sector banks in India. Exploratory factor analysis has been used to find out the latent factors for outsourcing decisions. Results of the study find Strategic competitive advantage, better customer service, better use of resources, capitalization on technological advancements, and cost-effectiveness as the major motivating factors for outsourcing the IT/IS, HR, marketing services, financial and other services. The present research article will be of great help for banks to measure the impact of outsourcing on the profitability, productivity, liquidity, and market share of the banks.

A META ANALYSIS OF DECISION MAKING PROBLEMS IN CONSTRUCTION RISK MANAGEMENT

2020 ◽  
Vol 7 (1) ◽  
Author(s):  
Kerim Koc ◽  
Asli Pelin Gurgun
Keyword(s):  
Decision Making ◽  
Risk Management ◽  
Construction Projects ◽  
Meta Analysis ◽  
Multiple Criteria Decision Making ◽  
Extensive Literature ◽  
Factors Affecting ◽  
Advantages And Disadvantages ◽  
Construction Risk ◽  
Pros And Cons

Various Multiple Criteria Decision Making (MCDM) methods are being commonly used in the area of construction risk management to deal with decisions that are subjected to several factors affecting the selection of the best possible choice in the projects. There are many techniques developed to provide assistance to decision-makers during decision-making process, each having different advantages and disadvantages. This study discusses some of the most frequently applied MCDM methods in construction risk management such as: AHP, ANP, TOPSIS, VIKOR, and DEMATEL, with their own application principles. It aims to introduce a meta-analysis about the use of MCDM methods within the last two decades and provide an extensive literature review study about construction risk management. It is expected to assist practitioners and researchers to suggest effective methods for specific type of risks to be addressed in construction projects. The discussion of pros and cons of each method will also provide some insights to get use of multiple MCDM methods rather than a single means to enhance the analysis outputs.

Exploring the factors affecting job satisfaction of paraprofessional staff working in University Libraries of Pakistan

2017 ◽  
Vol 66 (3) ◽  
pp. 144-162 ◽  
Author(s):  
Sumaira Hussain ◽  
Saira Hanif Soroya
Keyword(s):  
Job Satisfaction ◽  
Satisfaction Level ◽  
University Libraries ◽  
Public And Private ◽  
Content Type ◽  
Factors Affecting ◽  
Significant Difference ◽  
Communication Flow ◽  
Public And Private Sector ◽  
Job Recruitment

Purpose This paper aims to explore the factors affecting the job satisfaction level of paraprofessional staff working in Higher Education Commission (HEC)-recognized public and private sector university libraries. Design/methodology/approach The study was quantitative in nature, and survey research method was used. The population of the study was paraprofessionals working in HEC-recognized public and private university central libraries of Lahore. Convenient sampling was used, and five respondents were selected from each university. Data were collected through a structured questionnaire using a pre-developed scale job satisfaction survey by Spector (1985). Findings The study reported that respondents were not dissatisfied with their jobs, and still they were standing between “Neutral” and “agree” with all statements of job satisfaction. The nature of job was identified as the most satisfied facet of job satisfaction. It was also observed that a significant difference of job satisfaction was found among respondents having different salary packages. The group with the highest salary was more satisfied than others. Job security proved the factor affecting job satisfaction, as there was significant difference of job satisfaction between permanent and contract-based employees. Permanent nature of job was a reason of satisfaction for the respondents. However, it is interesting that job satisfaction level of public and private sector paraprofessionals did not differ. Research limitations/implications Findings of the study clarify that the universities are required to redesign their job recruitment policies and to revise pay scales of paraprofessionals. Most importantly, a gap in communication was also found within organizations which could affect the level of job satisfaction among paraprofessionals. Universities should pay attention to maintain the two-way communication flow from top level management to lower level. Originality/value This is probably first study reported from Pakistan on the subject. The findings of the study will help universities to redesign their job recruitment policies and to revise pay scales of paraprofessionals. Most importantly, the findings suggest that universities should pay attention to maintain the two-way communication flow from top level management to lower level.

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